China to Ball valve Manufacturer levy zero-tariff on 90% of ASEAN imports
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China to levy zero-tariff on 90% of ASEAN importsPublished: 17 Dec 2009 02:17:35 PSTMore From ChinaKnowledge.comChina Economy DataChina Business GuideChina DemographicChina Industrial ParksChina Financial MarketDec. 17, 2009 (China Knowledge) — No tariff will be imposed on 90% of products traded between China and the Association of Southeast Asian Nations next year, the Shanghai Securities News reported.Pursuant to the agreement between China and the ASEAN, the average tariffs on import from ASEAN countries would be cut to 0.1%. China is the largest trade partner of ASEAN in 2009. This tariff-cut policy will further boost the bilateral trade, said the report.In addition, more favorable tariffs will be introduced to imports from 17 countries, including Chile, Pakistan, New Zealand, South Korea, India, Sri Lanka, Bangladesh and 10 ASEAN countries. China will also grant zero-tariff policy to the least developing countries such as Laos and Ethiopia.Reportedly, Hong Kong and Macau will also be entitled to benefit from the new tariff policy from next year.Copyright © 2009 http://www.chinaknowledge.com芦荟 外汇保证金交易 uv机 外国為替 lithium 3.6V battery skateboard bearings 有机玻璃 风机